Basic Policy for Profit Distribution and Cash Dividends for FY2026
On February 13, 2025, we announced our medium-term management plan (2025–2027) (hereinafter, "Medium-Term Management Plan"). In this plan, we have positioned shareholder returns as one of our top management priorities and have decided to revise and strengthen our existing shareholder return policy. Specifically, during the period of the Medium-Term Management Plan, we will adopt a progressive dividend policy, with a minimum dividend of 100 yen per share in the first year, and thereafter we will maintain or increase the dividend. In addition, we will also consider flexible purchase of treasury stock, aiming to achieve a total return ratio of 40% over the MTMP period.
Based on the above policy, the planned dividend for the fiscal year ending December 31, 2026 is 104 yen per share per annum (consisting of the interim dividend of 52 yen per share and the year-end dividend of 52 yen per share), under the above-mentioned progressive dividend policy. In addition, given our performance and financial position of the fiscal year, we will also consider flexible purchase of treasury stock.
Cash Dividends
(Yen)
| Fiscal year | Cash dividends per share | ||
|---|---|---|---|
| Interim | Fiscal year-end | Total | |
| Fiscal 2025 ended December 31, 2025 | 50.00 | 50.00 | 100.00 |
| Fiscal 2024 ended December 31, 2024 | 42.50 | 42.50 | 85.00 |
| Fiscal 2023 ended December 31, 2023 | 35.00 | 45.00 | 80.00 |
| Fiscal 2022 ended December 31, 2022 | 20.00 | 25.00 | 45.00 |
| Fiscal 2021 ended December 31, 2021 | 10.00 | 10.00 | 20.00 |
| Fiscal 2020 ended December 31, 2020 | — | — | — |
| Fiscal 2019 ended December 31, 2019 | 35.00 | 35.00 | 70.00 |
| Transitional fiscal period ended December 31, 2018 | 35.00 | 35.00 | 70.00 |
| Fiscal 2018 ended March 31, 2018 * | 5.00 | 35.00 | — |
| Fiscal 2017 ended March 31, 2017 | 5.00 | 5.00 | 10.00 |